Tesla's profit fell 43% in Q3, and its spending plan implies a huge Q4
Revenue was flat at $28.05 billion, but net income dropped to $787 million. The bigger question is how Tesla reaches its $25 billion-plus capital spending target.
Tesla reported third-quarter results on Oct 21, 2026, and the headline numbers pull in different directions. Revenue came in at $28.05 billion, essentially flat from a year earlier and in line with the roughly $28.06 billion analysts expected, according to Electrek's summary of the report. Adjusted earnings of $0.48 a share beat the $0.45 consensus.
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